For example, according to research from Freddie Mac, borrowers who approached different lenders and got two or more quotes ...
Discover the benefits and drawbacks of loan modification programs, eligibility requirements, and alternatives for struggling ...
CRED iQ’s research team has been closely monitoring loan modifications during this period of significantly elevated interest rates. As expected, loan modifications surged in 2023 as borrowers worked ...
In the post-pandemic era, mortgage rates hit their highest level in years as the Federal Reserve raised the benchmark interest rate to fight inflation. Compare your top mortgage loan rates now. "As ...
CRED iQ’s research team has been fielding requests for deeper analysis on loan modifications during this period of elevated interest rates and levels of delinquency. Loan modifications have surged as ...
If you’re looking for better mortgage terms, loan modification and refinance can be viable options to improve your financial health. Financial struggles can happen to anyone, but homeowners have ...
If you’re seeking more affordable mortgage payments, a loan modification or a refinance could both help. Loan modifications are for homeowners experiencing financial hardship who are unable to make ...
Regional banks are beginning to feel the squeeze of the weakened office market, even as larger institutions are facing fewer troubled loans. The average bank with $100B or less in assets modified 0.32 ...
A new study has found that consumers who received mortgage modifications outperformed those who did not on new consumer loans they opened after their initial mortgage delinquency. The study, conducted ...
A question we’ve received from clients with increased frequency is whether they can forgo recording their loan modification agreement in certain circumstances or jurisdictions without jeopardizing ...
Arbor Realty modified about $1.9B in loans in the first quarter, including extending maturity dates and offering “temporary rate relief” to multifamily borrowers trying not to buckle under interest ...
The Obama administration wants to spend up to $100 billion on efforts to help homeowners, especially those facing foreclosure. But one of the leading ideas on how to do that — rewriting home loans to ...